Ping An Reports Successfully Completing Initial Close Of $200M Fintech And Healthtech Venture Fund
Ping An Reports Successfully Completing Initial Close of $200M Fintech and Healthtech Venture Fund Crowdfund Insider. :
Ping An Insurance recently revealed that it has completed the initial close of Ping An Voyager Partners, LP, which is a growth stage venture fund. Approximately $200 million in commitments have now been made toward the planned $475 million target. The deal it intended for institutional investors and Voyager Partners says it will be making strategic investments in Fintech, healthtech and related initiatives across the globe.
Soros Bought Up Stocks Linked To Bill Hwang's Archegos Implosion
(Bloomberg) -- Billionaire George Soros's investment firm snapped up shares of ViacomCBS, Discovery and Baidu as they were being sold off in massive blocks during the collapse of Bill Hwang's Archegos Capital Management. Soros Fund Management bought $194 million of ViacomCBS Inc., Baidu Inc. stock valued at $77 million, as well $46 million of Vipshop Holdings Ltd. and $34 million of Tencent Music Entertainment Group during the first quarter, according to a regulatory filing released Friday. A person familiar with the fund's trading said the company didn't hold the shares prior to Archegos's implosion.
Soros Bought Up Stocks Linked To Bill Hwang's Archegos Implosion
(Bloomberg) -- Billionaire George Soros's investment firm snapped up shares of ViacomCBS, Discovery and Baidu as they were being sold off in massive blocks during the collapse of Bill Hwang's Archegos Capital Management. Soros Fund Management bought $194 million of ViacomCBS Inc., Baidu Inc. stock valued at $77 million, as well $46 million of Vipshop Holdings Ltd. and $34 million of Tencent Music Entertainment Group during the first quarter, according to a regulatory filing released Friday. A person familiar with the fund's trading said the company didn't hold the shares prior to Archegos's implosion.
You May Get A Surprise Stimulus Check From The Irs If You Recently Filed Taxes
After more than two months, the IRS is still distributing stimulus checks from the most recent COVID-19 relief bill. And, a payment may be coming your way, even if you already received one. A new batch of checks has just gone out, the ninth since March 12. The tax agency is sending money -- more than $1.8 billion -- to nearly 1 million Americans, including some who previously got partial payments in the current round. All of the recipients recently filed their taxes, the IRS says.
How To Buy Spacex Stock
Space Exploration Technologies Corp., or SpaceX as it is commonly known, has rocketed to public prominence and a market capitalization of some $74 billion even as its actual ownership remains very much out of sight. Investor interest is keen. Only a select few entities have been able to acquire direct ownership stakes in the Elon Musk-founded company. Despite that, there are ways to acquire an indirect ownership interest, at least until there's an initial public offering. Here are several options for investors interested in owning a slice of SpaceX.
7 Surprising Bitcoin Metrics You Should Watch Amid Latest Fall
Bitcoin (CRYPTO: BTC) recently saw a major downwards price movement after Tesla Inc. (NASDAQ: TSLA) announced it wouldn't be accepting the cryptocurrency as means of payment over environmental concerns. What Happened: According to a recent Business Insider report, there are seven metrics that traders and investors should check after Bitcoin plunged as much as 17%, to below $50,000 from a high near $58,0-00. The first one of those metrics is the aggregated open interest on Bitcoin futures, which fell from a high of $20.39 billion on May 12 to $18.79 billion on the next day.
This Week In Apps: Apple Talks App Store Fraud, Responds To Antitrust Complaints; Facebook Growth Is Slipping - Techcrunch
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices [...]
How Mark Patricof Built A Client Roster Of Athletes Like Venus Williams
Summary List PlacementOne Mark Patricof's favorite parts of introducing professional athletes to the world of private equity is watching finance titans get starstruck when meeting stars. "It's fun to see partners at KKR and Silver Lake and Carlyle interacting with Todd Gurley," Patricof said, referring to the star running back. "You watch for the first 15 minutes how nervous and shy these PE guys are, and it takes a while to ease into the conversations." "They're not nervous talking to Elon Musk.
Dell Backs Analytics Firm Pecan.ai In $35M Funding Round
Summary List PlacementData analytics startup Pecan.ai recently raised $35 million in a Series B funding round backed by computing giant Dell. The Israeli firm is using AI to disrupt the business analytics industry, which is set to be worth more than $60 billion globally, according to industry analysts at Emergen Research. Using Pecan's AI-powered dashboard, businesses can plug in their internal metrics and instantly produce reports enabling them to analyse things like sales patterns, future demand, and customer retention. The firm's latest funding round was led by GGV Capital, which has previously backed the likes of Airbnb, Alibaba, and Slack.
Clinch Secures $10M In Series A Funding
NEW YORK, NY, Clinch has raised $10 million in Series A funding, led by investment firm D Squared Capital.